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Dragon Riders GBP/JPY

  • #22,061
  • Oct 7, 2016 5:55am Oct 7, 2016 5:55am
Quoting barloc
So I tried to trade some other currency but it didnt feel the same to GBP/JPY. Then I realized I am co-dependent to the GBP/JPY pair ....lol
GBPSEK while it does not feel the same either, keeps one on the edge nicely, if things get boring.
  • #22,062
  • Edited 7:06am Oct 7, 2016 6:56am | Edited 7:06am
buying zone around 127.90 to attack 128.60 initially
  • #22,063
  • Oct 7, 2016 7:15am Oct 7, 2016 7:15am
Quoting pet
buying zone around 127.90 to attack 128.60 initially
cheaper entry @127.64


buy buy buy

exit exit exit long Croc stopped smiling but still grinning lol
  • #22,064
  • Oct 7, 2016 7:30am Oct 7, 2016 7:30am
Quoting pet
{quote} cheaper entry @127.64 buy buy buy exit exit exit long Croc stopped smiling but still grinning lol

SEll @128.26

ITS A SELL DAY
  • #22,065
  • Oct 7, 2016 7:48am Oct 7, 2016 7:48am
Quoting pet
{quote} SEll @128.26 ITS A SELL DAY

125.00 -124.00 is not out of reach, watch 127.54 break below is crucial for at least intraday
  • #22,066
  • Oct 7, 2016 8:00am Oct 7, 2016 8:00am
Quoting hello966
Forex is a funny business... anything unexplainable... blame algo... no proof algo is the cause.... who control the algo?
forex is a stupid business imo. Exchange rate of 2 currencies is nothing but a boring number and it has no real value for investment, unlike other trading venue.

I feel stupid for myself that I started this practice many years ago. In this game, it is humans hunt other humans. It is like a war game or something like that.
  • #22,067
  • Oct 7, 2016 8:30am Oct 7, 2016 8:30am
i always don't beieve in FX market. It is always no fair. The most sucess i thik by now is" Please dont use much money " try to use small ones and get it become big one. we never know when this F..cking thing will happen again. this fc..king thing was driven by nasty and fuc..king people.
  • #22,068
  • Oct 7, 2016 8:46am Oct 7, 2016 8:46am
Quoting pet
{quote} 125.00 -124.00 is not out of reach, watch 127.54 break below is crucial for at least intraday
Agree. We will have a big GAP on Monday. The numbers could begin as low as 123.
  • #22,069
  • Oct 7, 2016 8:47am Oct 7, 2016 8:47am
Quoting Maka
{quote} Agree. We will have a big GAP on Monday. The numbers could begin as low as 123.
I am interested to know why you think a GAP down on Monday is likely....
  • #22,070
  • Oct 7, 2016 9:06am Oct 7, 2016 9:06am
Quoting MrsTrader
{quote} I am interested to know why you think a GAP down on Monday is likely....
Any violent moves leads the market to extreme volatility and in GBP/JPY's case, it has been one too many today. BREXIT is no new NEWS, and the market reactions are abnormal. The move today in itself is a big downward spiral and if the predicted GAP comes true on Monday, the pair is likely to get thrashed severely. We might end up seeing new lows & new highs on this pair. These are my views; pls tread caution as capital protection is key to such unexpected events.
  • #22,071
  • Oct 7, 2016 9:40am Oct 7, 2016 9:40am
Quoting Maka
{quote} Any violent moves leads the market to extreme volatility and in GBP/JPY's case, it has been one too many today. BREXIT is no new NEWS, and the market reactions are abnormal. The move today in itself is a big downward spiral and if the predicted GAP comes true on Monday, the pair is likely to get thrashed severely. We might end up seeing new lows & new highs on this pair. These are my views; pls tread caution as capital protection is key to such unexpected events.
Thanks for sharing! Nice to hear different views - personally I am expecting some recovery because I feel that the chances of BOE easing further in Nov has reduced.
  • #22,072
  • Oct 7, 2016 2:53pm Oct 7, 2016 2:53pm
Well after a hard days work, some shorts and some longs, things are fixed, not that they where broke, some sort of anxiety of having hanging trades or something, some scalping on the side and triple payed even before profit, plenty of room to leave them hanging without a SL for the weekend Dragon and all.
  • #22,073
  • Oct 7, 2016 3:13pm Oct 7, 2016 3:13pm
Someone won from this crash?
  • #22,074
  • Oct 7, 2016 4:56pm Oct 7, 2016 4:56pm
Quoting demark1
{quote} forex is a stupid business imo. Exchange rate of 2 currencies is nothing but a boring number and it has no real value for investment, unlike other trading venue. I feel stupid for myself that I started this practice many years ago. In this game, it is humans hunt other humans. It is like a war game or something like that.
.
Attached Image
Dragon Rider
  • #22,075
  • Oct 7, 2016 6:25pm Oct 7, 2016 6:25pm
[Barloc that's friggin hilarious....you dog....

quote=barloc;9184975]{image}{image}[/quote]
  • #22,076
  • Edited 6:42pm Oct 7, 2016 6:30pm | Edited 6:42pm
[well,yes that short term at the Tokyo open thang....went 30 % a day till this happened....set some kinda record, imagine how my newby grandkids feel.....they started three weeks ago..... age 9 and 11....closed it quick when I saw that drzop and missed most of it.....220 % at 500:1

that trade is the 7:42 pm N Y trade....rule 1 enter at 6:42.....the written rules go on from there.....it reverses at that time.....chaching.........l

So....I was on the 1 minute.......can you imagine.....

quote=newage;9186396]Someone won from this crash?[/quote]
  • #22,077
  • Oct 7, 2016 6:39pm Oct 7, 2016 6:39pm
Some predicted
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  • #22,078
  • Oct 7, 2016 8:16pm Oct 7, 2016 8:16pm
129.72 is the number to watch.....77% of the fall there
  • #22,079
  • Oct 7, 2016 8:33pm Oct 7, 2016 8:33pm
Quoting Gbp/jpy
[well,yes that short term at the Tokyo open thang....went 30 % a day till this happened....set some kinda record, imagine how my newby grandkids feel.....they started three weeks ago..... age 9 and 11....closed it quick when I saw that drzop and missed most of it.....220 % at 500:1 that trade is the 7:42 pm N Y trade....rule 1 enter at 6:42.....the written rules go on from there.....it reverses at that time.....chaching.........l So....I was on the 1 minute.......can you imagine..... quote=newage;9186396]Someone won from this crash?
[/quote]


I've been on these GJ forums since 2009, yet since that time, hardly a week goes by without the 742 trade thing getting brought up. For some strange reason it is only referenced to NY time, which is constantly strange on an international forum. Quoting a US time on an international forum is surely showing a total disregard to others based around the world.

OK, it apparently happens either on time, an hour early, an hour late or sometimes not at all. At other times, it moves the wrong way. If anyone else looks at it, it either doesn't work or provides contrary data. It may be even more complex insofar as anyone using other than NY time also cannot see it. All of which leads me to think that, rather than just being in the eye of the beholder, it must be a very complex trade that operates via quantum entanglement. Such would help explain its indeterminate nature.
  • #22,080
  • Oct 7, 2016 8:39pm Oct 7, 2016 8:39pm
Quoting Mpt
{quote}
I've been on these GJ forums since 2009, yet since that time, hardly a week goes by without the 742 trade thing getting brought up. For some strange reason it is only referenced to NY time, which is constantly strange on an international forum. Quoting a US time on an international forum is surely showing a total disregard to others based around the world. OK, it apparently happens either on time, an hour early, an hour late or sometimes not at all. At other times, it moves the wrong way. If anyone else looks at it, it either doesn't work or provides contrary data. It may be even more complex insofar as anyone using other than NY time also cannot see it. All of which leads me to think that, rather than just being in the eye of the beholder, it must be a very complex trade that operates via quantum entanglement. Such would help explain its indeterminate nature.[/quote]
perhaps only people in NY made up the rule?
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